The Nigerian National Petroleum Corporation (NNPC) has collaborated with the Abia State Government with an aim to boost petroleum products supplies to Aba Depot
As reported in the Marine & Petroleum Nigeria, the move is expected to strengthen economic activities in the area and the country at large.
The group managing director, Malam Mele Kyari, said that the meeting addressed issues on petroleum products and crude oil pipeline protection in Abia State.
The governor of Abia State, Okezie Ikpeazu, stated that the State was prepared to work closely with the NNPC and security agencies to curb the incidences of vandalisation of oil pipelines around the Abia axis which had hindered product flow to the Aba depot.
Recently, NNPC announced the achievement of a trading surplus of US$108.84mn for November 2020, a 70.33% increase compared to the October 2020 sales, according to NNPC’s Monthly Financial and Operation Report (MFOR).
“Crude oil export sales contributed US$73.09mn of the dollar transactions compared with US$12.38mn contribution in the previous month; while the export gas sales amounted to US$35.75mn in the month,” stated the company.
